Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 222.78

-1.5%

1:53 PM EST

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To: Peter Bernhardt who wrote (16767)	9/10/1998 6:10:00 PM
From: Glenn D. Rudolph	of 164684

I sold the last of my puts this afternoon, so I have no axe to grind, but I still wonder, given Amazon's technical/fundamental situation and the current state of the market, why anyone should expect anything other than a short bounce. If that. I wish you well, but remain puzzled by the optimism expressed here by longs. Peter, I have been a pundant of the poor fundamentals of Amazon and still am. Others disagree which is what makes a market. I have learned that AMZn is a market darling and it is being bought regardless of known fundamentals. I can understand you being puzzled because I am too. I just got tired of fighting a losing battle. Broke too. Glenn

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